The GEA Group
Engineering Excellence
Summary of the GEA Group
- The company focuses on specialty mechanical engineering - especially process engineering and equipment.
- The GEA Group is one of the world's market and technology leaders in 90 percent of its businesses.
- In 2007 the GEA Group employed some 19.500 people who generated sales of EUR 5.2 billion.
- The GEA Group is a driver of innovation in its markets; up to 70 per cent of products are less than three years old.
- The key markets are the dairy industry, the food industry and the petrochemicals as well as the energy sector.
- GEA Group is a leading international technology group with operating companies in more than 50 countries.
- GEA Group Aktiengesellschaft is the management holding company of GEA Group; and is listed on the German MDAX
Four guiding strategic principles
Market leadership and focus
- Number one or two in each of its markets around the world
- Focus on core competencies and core technologies
Technology leadership through innovation
- Technology leader in main markets
- Differentiation through technological lead
Strong focus on bottom line
- Decentralized organizational structure with global responsibility within each division
- Four guiding strategic principles
- Cost leadership through high productivity and a global manufacturing base
Calculated risks
- Stability through diversification across applications and regions
- Thorough risk assessment of projects
Recent history
| 1920 |
|
Gesellschaft für Entstaubungsanlagen (GEA) is founded |
| 1989 |
GEA goes public |
| 1991 |
Grasso Group is acquired |
| 1993 |
Niro A/S is acquired |
| 1994 |
Westfalia Separator is acquired |
| 1995 |
Tuchenhagen is acquired |
| 1999 |
GEA AG is acquired by MG |
| 2000 |
"Metallgesellschaft AG" is renamed "mg technologies ag" |
| 2003 |
Strategic realignment |
| 2005 |
GEA AG is merged with mg technologies ag and the Group holding company relocates from Frankfurt to Bochum. "mg technologies ag" is renamed "GEA Group Aktiengesellschaft" |
| 2007 |
Divestment of Lurgi and Lentjes |
| 2008 |
New structure with new segments |
GEA Group operates around the world
- Sales:
- 21,2 per cent in Germany
- 36,8 per cent in rest of Europe
- 20,5 per cent in Asia, Australia, Middle East
- 18,4 per cent in North and South America
- Around 63 per cent of employees work outside Germany
- Broad geographical diversification reduces the impact of regional economic fluctuations
Growth drivers for the GEA Group: food, healthcare, energy
- Continuous growth in world population
- Rising incomes, especially in emerging markets due to advancing industrialization
- Growing demand for quality in food, beverages and pharmaceuticals
- Growing demand for energy
- Rising oil prices
External factors such as world population growth determining the success of the GEA Group. Therefore the Group focus is on:
- dairy technology
- beverage technology
- starch technology
- fish, meat, fats
- processing of oils and fats
- functional food / food ingredients / nutraceuticals / pharmaceuticals
- industrial biotechnology
- power generation
- environmental technology
- logistics / transportation
GEA Group Structure
- Energy and Farm Technology
- Thermal Engineering
- Farm Systems
- Emission Control
- Air Treatment
- Process Technology
- Process Engineering
- Pharma Systems
- Process Equipment
- Refrigeration
- Mechanical Separation
Sales in 2005 totaled approximately EUR 4.5 billion. (See the Annual Report 2005 for more details.)
At December 31, 2005 the company employed 17,595 people. GEA Group is listed in the MDAX and, with a market capitalization of around EUR 2.0 billion at the end of 2005, is one of Germany's largest corporations.
GENERATE — The international magazine of the GEA Group issue 01 November 2006
GEA Filtration is a Process Engineering Segmen Company under GEA umbrella.
Process Engineering is made up of the following groups of which GEA Filtration is a part.
Leading Technologies. Individual Solutions.
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